DEBIT ORDER AUTHORISATION Clause Samples

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DEBIT ORDER AUTHORISATION. The Consumer hereby authorises the Credit Provider, its affiliates, holding company and/or subsidiaries or any of its designated agents to draw against his/her account referred to in the Quote (or any other bank to which the Consumer may transfer his/her account) the monthly instalment set out in the Quote until the Principal Debt and all service fees due to the Credit Provider has been repaid in full.
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DEBIT ORDER AUTHORISATION. 11.1 In the event that the Subscriber completed the debit order authorisation on the certificate: 11.1.1 Tracetec shall be entitled to issue the first payment instruction for the monthly subscription fees or portion thereof, whichever the case may be, and all other amounts due, owing and payable to Tracetec on the commencement date and thereafter regularly on the 25th (twenty fifth) day of each subsequent month or such earlier date specified in the debit order authorisation; 11.1.2 In the event that the date of the payment instruction falls on Saturday, Sunday or public holiday, Tracetec shall be entitled to issue the payment instruction on or before the following business day; 11.1.3 In the event that Tracetec does not issue a payment instruction on the following business day as aforesaid, then Tracetec shall be entitled to issue subsequent payment instructions until the Subscriber has met its obligations in terms of this agreement; 11.1.4 Tracetec shall continue to issue payment instructions in terms of this agreement untill a period of 20 (twenty) business days after the Subscriber gives written notice to Tracetec by prepaid registered post that it cancels its debit order authorisation; 11.1.5 In the event that the Subscriber cancels its debit order authorisation as aforesaid, the Subscriber does not per se cancel this agreement; 11.1.6 In the event that the Subscriber cancels its debit order authorisation as envisaged in clause 11.1.4 without cancelling this agreement, Tracetec shall cease issuing payment instructions from the date on which the notice period has lapsed, but the Subscriber shall remain liable towards Tracetec for all subscription fees in terms of this agreement; 11.1.7 All payment instructions issued by Tracetec shall be treated by the Subscriber and its bank as if the said payment instructions have been issued by the Subscriber personally; 11.1.8 In the event that Tracetec issues payment instructions for the recovery of the amounts due, owing and payable to Tracetec in terms of the debit order authorisation, then the Subscriber shall not be entitled to re-claim from Tracetec such amounts, provided the said amounts are due, owing and payable in terms of this agreement; 11.1.9 The Subscriber agrees to allow for tracking of dates to match with the flow of Credit at no additional cost to the Subscriber. The Subscriber authorises “the Originator” (i.e. Tracetec) to make use of the tracking facility as provided for in “the EDO” or “Early Deb...
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DEBIT ORDER AUTHORISATION. Your repayments will be effected via a debit order and you hereby instruct and authorise us to issue a series of payment instructions to your bank to collect the instalments on their due date as well as other amounts that fall in arrears.
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DEBIT ORDER AUTHORISATION. 6.1 The Lessee authorises the Lessor to obtain payment of the Parking Fee by way of debit order as specified in this clause 6; 6.2 The Lessee hereby requests and authorises the Lessor to draw against the Lessee’s Bank Account (or any other bank or branch to which the Lessee may transfer the Lessee’s Bank Account) the Parking Fee due in respect of this Agreement on the day elected in item 10 of the Schedule each and every month following the Effective Date and continuing until termination of this Agreement; 6.3 The Lessee agrees and understands that: 6.3.1 All withdrawals from the Lessee’s Bank Account in terms of this clause 6, shall be treated as if they have been signed by the Lessee personally; 6.3.2 It shall be liable for the payment of all bank charges arising as a result of this debit order authorisation and the Lessee hereby authorises the Lessor to increase the amount of each withdrawal in order to recover the costs thereof in accordance with the South African Clearing Bank’s Tariff in force at that time; 6.3.3 The amount drawn against the Lessee’s Bank Account shall increase from time to time as provided for in this Agreement; 6.3.4 The withdrawals from the Lessee’s Bank Account authorised in this clause 6, shall be processed by computer; 6.3.5 Details of each withdrawal shall be printed on the Lessee’s bank statement or on the accompanying voucher; 6.3.6 The obligation to ensure that the Parking Fee is received by the Lessor every month remains with the Lessee despite the granting to the Lessor of the authority in terms of this clause 6; 6.3.7 The authority contained in this clause 6 shall continue in full force and effect until cancelled by the Lessee by giving 30 (thirty) day’s written notice thereof to the Lessor by pre-paid registered post, which cancellation shall not relieve the Lessee from any liability in respect of any unpaid balance owing to the Lessor.
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DEBIT ORDER AUTHORISATION. The Customer undertakes to sign a Debit Order Authorisation in respect of the Service Fees on request from MiX Telematics.
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DEBIT ORDER AUTHORISATION. I / We understand that the withdrawals hereby authorised will be processed through a computerized system provided by the South African Banks and I also understand that details of each withdrawal will be printed on my bank statement. Each transaction will contain a number, which must be included in the said payment instruction and if provided to you should enable you to identify the Agreement. A payment reference is added to this form before the issuing of any payment instruction. I / We shall not be entitled to any refund of amounts, which you have withdrawn while this authority was in force, if such amounts were legally owing to you. MANDATE
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DEBIT ORDER AUTHORISATION. 3.5.1 The Customer and where so applicable, the 3rd party debit order account holder, hereby authorises the Lender to debit the nominated account with the repayment amount due, on the Repayment Date. In the event of an increase in any fee, charge or interest rate, the Lender is hereby authorised to increase the repayment amount under the debit order authorisation, to ensure that the indebtedness to the Lender will be repaid within the Term of this agreement. Payments must be made to the Customer’s home loan account. 3.5.2 Where the Bond repayment is made by 3rd part debit order, and the 3rd party debit order is cancelled, it is the obligation of the registered bond holder to implement the required debit order for the repayments of his or her home loan. 3.5.3 The first debit will be processed on the nominated day of the month after registration of the Bond and thereafter on that day of each successive month. In the event that the payment day falls on a Saturday, Sunday or recognised South African public holiday, the payment day will automatically be the very next ordinary business day. Furthermore, if there are insufficient funds in the nominated account to meet the obligation, you are entitled to track my account and re-present the instruction (“re-presenting functionality”) for payment until sufficient funds are available in my/our account;
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Related to DEBIT ORDER AUTHORISATION

  • Authorisation obtain or cause to be obtained, maintain in full force and effect and comply fully with all Required Authorisations, provide the Agent with Certified Copies of the same and do, or cause to be done, all other acts and things which may from time to time be necessary or desirable under any applicable law (whether or not in the Pertinent Jurisdiction) for the continued due performance of all the obligations of the Security Parties under each of the Security Documents;

  • Authorisations Each Obligor shall promptly: (a) obtain, comply with and do all that is necessary to maintain in full force and effect; and (b) supply certified copies to the Agent of, any Authorisation required under any law or regulation of its jurisdiction of incorporation to enable it to perform its obligations under the Finance Documents and to ensure the legality, validity, enforceability or admissibility in evidence in its jurisdiction of incorporation of any Finance Document.

  • Maintain Authorisations It will use all reasonable efforts to maintain in full force and effect all consents of any governmental or other authority that are required to be obtained by it with respect to this Agreement or any Credit Support Document to which it is a party and will use all reasonable efforts to obtain any that may become necessary in the future.

  • Client Categorisation 4.1. The client understands and accepts that each category of Clients has its individual level of regulative protection acknowledging that Retail Clients have the highest level of protection whereas Professional Clients and Eligible Counterparties are considered to be more experienced, informed, skilled and able to estimate their risk, therefore are provided with a lower level of protection. 4.2. The Company will treat the Client as a Retail Client, Professional Client or Eligible Counterparty, depending on how the Client completes the Application Form and according to the method of categorisation as this method is explained under the title “Client Categorisation” (Appendix II), and by accepting this Agreement the Client accepts application of such method. 4.3. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes. 4.4. The Company has the right to review the Client’s Categorisation and change his Categorisation if this is deemed necessary (subject to Applicable Laws).

  • ACH Authorization Merchant authorizes Service Provider to initiate debit/credit entries to the Designated Account, the Reserve Account, or any other account maintained by Merchant at any institution, all in accordance with this Agreement. This authorization will remain in effect beyond termination of this Agreement. In the event Merchant changes the Designated Account, this authorization will apply to the new account.